Cable fell to 1.2560 in Asia, as the USD added to Thursday gains pre-Powell

1.2560 is lowest level since June 13 (1.2510 was the low that day)

Drop to 1.2560 influenced by hawkish comments from Fed's Harker and Collins

Bids may emerge pre-1.2500 option expiry level if GBP/USD falls further

1.2505 is 76.4% Fibo of 1.2308-1.3144. Resistance at 1.2600 (ex-support)

Powell may take a lay low approach in his Jackson Hole speech nL1N3A524E